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[QUOTE="HtownOrange, post: 2177712, member: 622"]
Things people need to keep in mind before jumping from office ledges:

1) ESPN is NOT going broke.  They have a reduction in their revenue and profits, to counteract the reduced revenue and profits, ESPN is trimming fat.  Disney rarely loses money and knows how to balance the desire for profit with revenue streams.  ESPN is still making the most revenue and profit for Disney.

2) ESPN has the rights to many sports leagues and conferences, they could sell off a few if they were in real trouble.

3) Most sports media personnel are overpaid.  Any of us would do the job for a livable salary and expenses just because we love sports.  Paying people 5X, 10X 20X average salaries is excessive especially compared to local TV/radio/print personalities who work for far less than their ESPN counterparts.

4) ESPN will enjoy a new revenue stream, though not likely as much, once they learn how to market directly to sports fans who cut the cable.  HBO is doing it.  Several others are doing it.  Give it some time.

5) ESPN could actually get sports talk back on their broadcasts and lose some more fat.

6) The SECN is making money.  The ACCN will make money.  The BTN makes money.  Only the LHN will not make money and when the deal is over, ESPN will not lose any more money on it.  (It's hard to explain this to a UT fan, but ESPN guaranteed UT money, they get paid whether the LHN makes money or not, while ESPN is losing money on the deal).
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